Paytm Payments Bank has received RBI nod to re-appoint Paytm CEO Vijay Shekhar Sharma as part-time chairman for a year, a regulatory filing said on Tuesday.
"We have been informed that Paytm Payments Bank Ltd (PPBL) has received approval of RBI for re-appointment of Mr. Vijay Shekhar Sharma as Part-time Chairman of PPBL, for a third term starting from May 23, 2023, for a period of one year," One97 Communications said in a regulatory filing.
One97 holds a 49 per cent stake in PPBL and Sharma holds the rest of the stake in the entity.
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